US domestic consumer discretionary stocks look attractive in this surging US dollar environment as its deflationary forces help the purchasing power of the US consumer.
Luxury goods retailer Tiffany & Co (TIF:xnys), with only about 50% of its sales in the United States, is currently seen by many analysts as a company struggling from the headwinds of a strong US dollar, given negative implications the strong dollar has on its international sales.
I am willing to take the other side of this argument, however, as any further relative strength in US retailer stocks may also help lift TIF stock higher.
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